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ខ្មែរ 
World Bank Forecasts 4.6% Growth for Developing Asia in 2024, Despite China Declines from 5.2% to 4.4%
- 14 April 2024
The World Bank has projected a growth rate of 4.6% for developing Asia-Pacific countries, excluding China, in 2024, as outlined in their recent economic report released and updated by Asia.nikkei on 1 April 2024. Despite China's economy moderating to 4.5% from last year's 5.2%, trade recovery is expected to drive growth in the region, surpassing the 4.4% achieved in 2023. Developing Asia encomp...
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87% of Property Developers in Asia Pacific Targeting 100% Green Certified Portfolios by 2030
- 14 April 2024
A recent study by JLL unveils a significant trend in the Asia Pacific region, with nine out of ten commercial real estate occupiers striving to achieve 100% green-certified portfolios by 2030, driven by corporate net zero carbon (NZC) goals. This revelation comes from Retalkasia's report dated 26 March 2024. According to global real estate consulting firm JLL (NYSE: JLL), 87% of occupiers surve...
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Manhattan SEZ to Expand Operations in Svay Rieng Province
- 13 April 2024
In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet city, Svay Rieng province, in collaboration with Singapore's SJ Group. The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. Clement Yang, Director G...
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Cambodia’s New Law Paves the Way for Inland Waterway Investment
- 13 April 2024
The Cambodian government has taken a significant step towards enhancing inland waterway investment with the official promulgation of the Law on Inland Water Transport. Encompassing 18 chapters and 275 articles, this legislation aims to stimulate investment and development in Cambodia's inland waterway and port sector, offering lucrative opportunities for both domestic and international trade. S...
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Investors from Guangdong-Hong Kong-Macao Eye Green Economic Zones in Cambodia, Forge Bilateral Ties
- 13 April 2024
China's Guangdong-Hong Kong-Macao Gulf Confederation is poised to bolster investment in Cambodia, particularly in green economic zones and other strategic sectors. Dr. Jonathan KS Choi, President of the Gulf Federation, underscored this commitment during a Memorandum of Understanding signing ceremony with HE Hem Vandy, Cambodia's Minister of Industry, Science, Technology, and Innovation, on 9 Apri...
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More Than 60 Chinese Investors Eye Cambodia’s Five Lucrative Sectors
- 12 April 2024
More than 60 delegates from China are actively exploring investment opportunities across various sectors in Cambodia, signalling a significant bilateral cooperation effort. Led by Jonathan K.S. Choi, President of the Chinese Chamber of Commerce, Coastal Entrepreneurs Alliance, and Sunwa Group, the delegation, comprising entrepreneurs from Guangdong, Hong Kong, and Macao, expressed keen interest...
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MoE Halts Certification & Handover of Community Forest Land
- 12 April 2024
The Ministry of Environment (MoE) has issued a directive to immediately halt all processes related to the certification, recognition, or transfer of community forest land or land earmarked for clearing. The directive, outlined in letter No. 1839/0424 B.E. dated 10 April 2024, underscores the government's commitment to ensuring meticulous oversight and effective management of forest resources. I...
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Japan’s US$30m Grant Kickstarts Groundbreaking Water Supply Project in Svay Rieng
- 12 April 2024
The commencement of the US$30.6 million Svay Rieng Water Supply System Expansion Project marks a pivotal step towards addressing the province's water needs. Announced by the Svay Rieng provincial administration via their official Facebook page on 11 April 2024, the groundbreaking ceremony signifies the onset of a project set to redefine the area's infrastructure landscape. At the construction s...
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Borey Peng Huoth’s Grand Offerings Illuminate Khmer New Year Celebrations
- 11 April 2024
In the spirit of Khmer New Year festivities, Borey Peng Huoth unveils a series of exciting programs and exclusive offers, transforming the joyous occasion into a remarkable opportunity for prospective homeowners. Embracing the festive spirit, Borey Peng Huoth adorns its gates and interiors with captivating decorations, infusing the atmosphere with vibrant colours and celebratory vibes. Amids...
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2024 – Cambodia succeeds in its campaign to reduce the use of plastic because the volume of imports decreased by 75%
- 11 April 2024
By the first quarter of 2024, the volume of plastic imports into Cambodia has decreased by about 75%, while this decrease shows that the implementation of the campaign to reduce the use of plastic in the past has been successful. This is according to the announcement of the Ministry of Environment on April 10, 2024. According to the Ministry of Environment, in the first quarter of 2024, the dem...
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Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
- 11 April 2024
Malaysia's KSI Strategic Institute, led by the institute’s president Tan Sri Michel Yao, has unveiled plans to establish the ASEAN Economic Club and explore investment opportunities in Cambodia. This announcement follows a meeting between Samdech PM Hun Manet and Mr. Tan Sri Michel Yao on 8 April 2024. During the discussion, Mr. Tan Sri Yao outlined the institute's intention to assess potential...
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Steady Progress: NR No. 10 Construction Reaches 83.36% Completion
- 11 April 2024
The construction of NR No. 10, linking Koh Kong, Pursat, and Battambang provinces, has reached a significant milestone, with completion surpassing 83.36% as of early April. This update comes from the Ministry of Public Works and Transport, announced on 10 April 2024. According to the latest report, the project's advancement is notable, particularly in the paving process from Koh Kong province t...
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